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This test consists of 15 multiple choice questions and 5 short answer questions.
Multiple Choice Questions
1. Is Sam's deal with Alice unusual?
(a) Somewhat.
(b) Only at first.
(c) No.
(d) Yes.
2. How does Sam feel never being on a losing team helped him?
(a) It helps him trust others to be losers.
(b) It helps him not trust losers.
(c) It helps him believe that he can always win.
(d) It makes him never want to be a loser.
3. When Sam did not like the attention given to him and his family by the press, he put a lid on the personal information released to the public. What happened because of this reason according to Sam?
(a) His company suffered.
(b) No one cares to know about the history of Wal-Mart.
(c) America forgot about him.
(d) A great deal of misinformation was released and taken as truth about him and his family.
4. When he is 14, Sam saves a boy from ____________.
(a) A wild boar.
(b) Drowning.
(c) Starving to death.
(d) Getting hit by a car.
5. A number of employees have gained a great deal of financial wealth from ____________.
(a) Becoming managers.
(b) Working long hours.
(c) Becoming executives.
(d) The profit-sharing program.
6. Sam talks about the impact of the business on _________.
(a) The world.
(b) His family.
(c) His community.
(d) The United States.
7. The reason that other stores fail is because ____________.
(a) They only care about their employees.
(b) They are looking out for themselves first.
(c) They do not have Sam Walton.
(d) They do not have the funds that Wal-Mart has.
8. Why does Wal-Mart share information with its associates?
(a) To convince them that Sam cares about them.
(b) To force them to make decisions within the company.
(c) To make them more responsible.
(d) To forge a greater partnership with them.
9. Although there have been a number of changes in the Wal-Mart industry over the years, the Walton family still collectively owns __________ of their own business, which is rare for a major corporation.
(a) 68 percent.
(b) 48 percent.
(c) 38 percent.
(d) 58 percent.
10. What do the Walton kids all have to do?
(a) Play instruments.
(b) Study.
(c) Study business.
(d) Jobs.
11. Now Wal-Mart has a profit-sharing policy for their employees that is currently ___________ at the time of publication.
(a) $1.8 billion.
(b) $1.8 trillion.
(c) $18 billion.
(d) $1.8 million.
12. Why does Sam tell Abe Marks that he does not need their systems?
(a) He does not have enough money.
(b) He is a retail genius.
(c) Computers are a waste of time.
(d) His systems are faulty.
13. Although Sam considers himself a fairly conservative guy, he is a _________ in the world of business.
(a) Maverick.
(b) Oddity.
(c) Liberal.
(d) Conservative.
14. On what does Sam concentrate?
(a) His customers.
(b) His employees.
(c) His family.
(d) Himself.
15. Phil gets a great deal on a laundry detergent like Tide, and has 18 cases sent to his store and creates the world's largest display of detergents, stacking them almost __________ feet high?
(a) 200.
(b) 100.
(c) 25.
(d) 50.
Short Answer Questions
1. In the beginning, why was Sam unable to pay the associates well?
2. Sam wants to learn more about IBM computers to _________.
3. Does Sam worry about fluctuating stock prices?
4. Due to its location, Wal-Mart can enjoy what kind of advertising?
5. What have Sam and his employees mastered?
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This section contains 572 words (approx. 2 pages at 300 words per page) |
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